NOT LISTED FOR SALE

1564 Pine Valley Rd Bayfield, CO 81122

Estimated Value: $555,438 - $673,000

4 Beds
2.5 Baths
3,002 Sq Ft
$201/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $527,500 $176 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,441/month

82 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Cathedral Ceiling
  • Balcony
  • Walk-In Closet

About This Home

As of July 2023

**OWNER IS MOTIVATED AND SAYS BRING AN OFFER!!** Located just a short distance from Lake Simpatico, this 3000+ square foot home has been updated with new interior paint, new flooring, new light fixtures and is ready for you to move in and enjoy. Main floor offers vaulted ceilings in the living area, open floor plan, loads of natural light, deck access with fantastic southern exposure and mountain views, and a primary bedroom with two walk-in closets and ensuite bathroom complete with soaking tub. Head upstairs to find three more light filled bedrooms and a bathroom. The real gem of this home is the fully finished walk out basement. Here you will find an enormous second living room/entertaining space, and another room currently used as an office. With accessibility to the basement from within the home or via a separate exterior entrance, this area could easily be used as place for your guests. An attached oversized two car garage with built-ins and two woodsheds out back round out this nicely appointed home.

Last Agent to Sell the Property

Rebecca Parnell

Bayfield Realty Listed on: 04/02/2023

Last Buyer's Agent

William Powell

Raywell Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,678

Year Built

  • Built in 1998

Lot Details

  • 9,148 Sq Ft Lot
  • Split Rail Fence
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Stick Built Home

Interior Spaces

  • 3,002 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Finished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Deck
  • Shed

Schools

  • Bayfield K-5 Elementary School
  • Bayfield 6-8 Middle School
  • Bayfield 9-12 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Internet Available

Community Details

  • Forest Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 567501317005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,678

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Estimated Total Acres: 0.21
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Title Co
  • Exterior Inclusions: Deck, Balcony
  • Interior Inclusions: Window Coverings, Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Walk In Closet
  • Legal Lot Block: SUBDIVISION: FOREST LAKES S/D #4 BLOCK: 0 LOT: 271 FOREST LAKES UNIT 4 1564 PINE VALLEY RD BAYFIELD 81122
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 567501317005
  • Price Per Sq Ft: 175.72
  • Real Estate Included: Yes
  • Residence Stories: Three Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 175.72
  • Street Designation: Road
  • Tax Account Id: R004116
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 2678.28
  • Year Built: 1998
  • Foreign Owned Y N: No
  • Prop Description Remarks: **OWNER IS MOTIVATED AND SAYS BRING AN OFFER!!** Located just a short distance from Lake Simpatico, this 3000+ square foot home has been updated with new interior paint, new flooring, new light fixtures and is ready for you to move in and enjoy. Main floor offers vaulted ceilings in the living area, open floor plan, loads of natural light, deck access with fantastic southern exposure and mountain views, and a primary bedroom with two walk-in closets and ensuite bathroom complete with soaking tub. Head upstairs to find three more light filled bedrooms and a bathroom. The real gem of this home is the fully finished walk out basement. Here you will find an enormous second living room/entertaining space, and another room currently used as an office. With accessibility to the basement from within the home or via a separate exterior entrance, this area could easily be used as place for your guests. An attached oversized two car garage with built-ins and two woodsheds out back round out this nicely appointed home.
  • Subdv Name: Forest Lakes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 20

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 4
  • Flooring: Tile, Laminate
  • Estimated Total Sq Ft: 3002
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Foundation: Basement-walk out, Basement-finished
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Split Rail, Fenced - Back
  • Construction Type: Wood Frame
  • Exterior Structures: Woodshed

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Sewer Supplier: Forest Lakes Metro District
  • Water Supplier: Forest Lakes Metro District

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Bayfield K-5
  • Middle School: Bayfield 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Jul 28, 2023
Sold by
Martinez Stephen Anthony
Bought by
Ortega Jason and Ortega Danielle
Seller's Agent
Rebecca Parnell
Bayfield Realty
Buyer's Agent
William Powell
Raywell Realty
List Price
$550,000
Sold Price
$527,500
Premium/Discount to List
-$22,500
-4.09%
Views
117
Current Estimated Value
$603,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,860
Avg. Annual Appreciation
5.71%
Original Mortgage
$517,945
Outstanding Balance
$505,877
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$97,483

Purchase Details

Closed on
Sep 6, 2022
Sold by
Martinez Stephen Dale
Bought by
Martinez Stephen Anthony

Purchase Details

Closed on
Aug 4, 2011
Sold by
Martinez Stephen Dale and Martinez Rebecca J
Bought by
Martinez Stepehn Dale and Martinez Rebecca J

Purchase Details

Closed on
Nov 3, 2009
Sold by
Martinez Julia Ann
Bought by
Martinez Stephen Dale and Martinez Rebecca J

Purchase Details

Closed on
Dec 12, 1994
Bought by
Martinez Stephen Dale and Martinez Rebecca J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ortega Jason $527,500 None Listed On Document
Martinez Stephen Anthony -- --
Martinez Stepehn Dale -- None Available
Martinez Stephen Dale -- None Available
Martinez Stephen Dale $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Jason $517,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $527,500 -4.1% $176 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $550,000 -- $183 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,465 $36,660 $1,870 $34,790
2024 $3,053 $33,100 $1,590 $31,510
2023 $3,053 $36,120 $1,730 $34,390
2022 $2,678 $38,160 $1,830 $36,330
2021 $2,776 $28,970 $1,400 $27,570
2020 $2,547 $27,110 $1,260 $25,850
2019 $2,502 $27,110 $1,260 $25,850
2018 $2,320 $25,430 $1,410 $24,020
2017 $2,325 $25,430 $1,410 $24,020
2016 $2,323 $25,350 $1,340 $24,010
2015 $2,035 $25,350 $1,340 $24,010
2014 -- $21,290 $1,340 $19,950
2013 -- $21,290 $1,340 $19,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 802013

Colorado Real Estate Network (CREN)

APN: R004116